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Framingham 01701
15 Purchase St
$360,000
● House - Off Market

15 Purchase St

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,574 Ft²
$372,361
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Antique home lovingly maintained by the same owners for over 53 years. Enclosed front porch, thermo pane windows, newer roof, newer FHA furnace and HW heater, updated circuit breakers. Kitchen with bow window looking out to the private back yard. ALSO includes the wooded .17 lot across the street (22 Purchase St. on Public records) that abuts the Sudbury River. Partial dirt walk out basement. Microwave over stove doesn't work. SELLER MAY LEAVE ANY PERSONAL ITEMS THEY DON'T WANT. HOME BEING SOLD "AS IS". Buyers financing fell thru.
Unit Size
1,574 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$206
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1867

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (MLSPIN #72841964)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jul 30, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Mega Realty Services $325,000
Listed by Mega Realty Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,168
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,805
  • Total Building Area: 1,070
  • Gross Building Area: 3,330
  • Building Area: 1,070
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,070
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000271
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383700

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_682683_2942889
  • Parcel: FRAM M:050 B:22 L:6888 U:000
  • Block: 22
  • Lot: 6888
  • Municipality: FRAMINGHAM
  • Latitude: 42.3236
  • Longitude: -71.4019

    Address

  • Full Address: 15 Purchase St
  • Address - House Number: 15
  • Address - Street Name: Purchase
  • Address - Suffix Type: St
  • State: MA
  • City Name: Framingham
  • Carrier Code: C053
  • 4-Digit Zip Code: 4143
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $469,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 538,220
  • High Value: 671,124
  • Low Value: 405,315

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $376,600
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $141,900

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1921195
  • Previous Sale Recording Date: Jul 30, 2021
  • Previous Sale Contract Date: Jul 29, 2021
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Framingham

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2034 ft²

Average Home Age

60.9 years

Currently For Sale

133 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72841964

Frequently Asked Questions

When was property at 15 Purchase Street built and last sold?
The property at 15 Purchase Street was built in 1867 and last sold on Aug 16, 2022 for $369,000.
How much is this home worth?
The estimated value of the home located at 15 Purchase Street is $0.
What are some comparable homes to 15 Purchase Street?
There are currently no comparable homes to 15 Purchase Street.
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